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Jan 8, 2019 1:35 AM

XRPUSD approaching support, potential bounce! Long

XRP / DollarBitfinex

Description

XRPUSD approaching support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching our support where we might see a bounce in price.

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